Chimei Material Kunshan's second production line in the second quarter of next year

Polaroid panel maker Chi Mei Material (4960) said today that it has been authorized by Nissho Nitto Denko to build a new 2.5-meter-wide polaroid panel production line in the Kunshan plant, which will still be produced in the second quarter of next year as planned last year.

Chimei Materials pointed out that it is optimistic about the demand of polarizers in mainland China's panel makers. In the Chinese mainland, Kunshan’s Chimei Material Technology Co., Ltd., which is the Kunshan factory, was built. The first production line was mass produced in the first half of 2017, and it is in The four production lines are the same, a 1.5 meter wide polarizer production line.

Chimei Materials stated that the first polarizer production line of the Kunshan plant was supplied to major panel makers such as BOE panel makers BOC, Huaxing Optoelectronics, and Panda of China National Electric Power Co., Ltd., and optimistic about the production volume of BOE 10.5 panels this year. Chimei Materials passed the board of directors’ approval in early November last year. The second polarizer production line of Kunshan Plant was signed with Nitto Denko Corporation, and the world's first 2.5-meter-wide polarizer production line was built.

Chi Mei Materials is optimistic about the Chinese mainland market, mainly due to the continuous expansion of high-generation production capacity by mainland Chinese panel makers. Most research institutes estimate that Mainland China will become the world’s largest panel production area by 2018, accounting for more than half of global panel supply since 2020. Production capacity.

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